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"TRI-VALLEY BANK ANNOUNCES NEW CHAIRMAN AND BOARD MEMBERS"
Press Release, May 3, 2011
SAN RAMON, Calif.--(BUSINESS WIRE)--Tri-Valley Bank (OTCBB:TRVB), has announced the election of veteran banking executive Arnold Grisham as chairman of the board of directors and the appointment of three new directors: Dr. James DeLano, Guy Rounsaville and Lou Cosso.
“Our bank has met the challenges of the recent economic downturn and has emerged with a clear, revitalized focus on our future. Arnold is going to play a pivotal role in our continuing growth and success,” said David Greiner, CEO and president of Tri-Valley. “He is well-known and respected in the financial services industry for his vision and leadership, and we are honored to have him as our chairman.”
Adding further strength to the bank are its newest board members – Dr. James DeLano, partner in Bishop Ranch Veterinary Center; Guy Rounsaville, an attorney and director of Diversity at the law firm of Allen Matkins; and Lou Cosso, retired Wells Fargo Bank executive. Contact: David Greiner President and CEO (925) 791-4343 Ticker Symbol: TRVB FOR IMMEDIATE RELEASE May 3, 2011 “These men are leaders in their industries and bring to our board an in-depth level of experience in business, banking and technology,” said Greiner. “They are an exceptional addition to our team.”
Grisham has an extensive banking background that spans 30 years. Prior to joining Tri- Valley Bank, he was the CEO and president of Alta Alliance Bank, a community bank headquartered in Oakland that he co-founded in October 2006 and retired from in January 2009. He spent 18 years at Wells Fargo & Company, rising to executive vice president of commercial banking. Following that position he served as president of Civic Bank of Commerce and also founded an executive recruiting firm that served the financial services industry. From 2008 until 2010 Grisham was on the Board of Directors of the Federal Reserve Bank of San Francisco. Grisham is a graduate of DePaul University in Chicago, where he also earned an MBA in Finance.
Dr. DeLano has practiced veterinary medicine in San Ramon since opening the Norris Canyon Veterinary Medical Center in 1989. In 2000, his partnership moved the practice to what is now Bishop Ranch Veterinary Center, the largest veterinary general practice in the East Bay. In addition to his medical role, Dr. Delano has led the business side of the practice, with oversight for finance, information technology human resources, pension plan management, inventory and marketing. He earned his Doctor of Veterinary Medicine graduate degree from Iowa State University.
Rounsaville, an attorney, is the director of Diversity at the law firm of Allen Matkins, which has offices throughout California. He is responsible for expanding the firm’s diversity initiatives, including law school and lateral recruiting and managing the firm’s programs for the development and advancement of its attorneys. A well-known leader in workplace diversity, Rounsaville co-founded the California Minority Counsel Program in 1989. His career spans more than 30 years and includes serving as senior vice president and general counsel at The Doctors Company, as executive vice president and general counsel at LaSalle Bank Corporation, as executive vice president general counsel at Visa International, and general counsel at Wells Fargo & Company. Rounsaville received his JD degree from Hasting College of Law and his BA degree from Stanford University.
Cosso retired from Wells Fargo & Company in 2009, after 35 years of management and leadership roles. His career was spent primarily in commercial banking and auto dealer commercial services, where he established a reputation for growing revenues and profits of every business he led. He also worked briefly for Bank of America as director of Portfolio Management. Cosso earned a bachelor’s degree in Business Administration from University of California – Berkeley, and a Master’s degree in Economics from San Jose State University.
Visit Tri-Valley Bank’s website at: www.trivalleybank.com
Contact: David Greiner
President and CEO
(925) 791-4343